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- Comprehensive Problem 1Part 7: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Note: You must complete parts 1, 2, 3, 4, and 6 before completing part 7. Part 5 is optional. Prepare an adjusted trial balance. If an amount box does not require an entry, leave it blank.a. Given the following master schedule, fill in the projected available and availableto promise rows: b. A customer wants an order of 100 in period 4. What can you tell him?c. The customer from part (b) cancels his request, but then says he wants 120 in period 5.What do you tell him now?d. Sales has requested that you add an MPS of 200 in period 9 to cover their needs fora sales promotion. What do you tell them and why?e. What action (if any) should be taken in period 11? Why is it okay to take theaction?Comprehensive Problem 1Part 2 and Part 3: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Note: You must complete part 1 before completing parts 2 and 3. Part 2: Using the attached spreadsheet, post the journal entries from part 1 to a ledger of four-column accounts. Part 3: Prepare an unadjusted trial balance. If an amount box does not require an entry, leave it blank.
- Complete the master productin schedule based on thefollowing information:Week 1 2 3 4 5 6 7 8 9Forecast 320 100 30 110 40 240 290 60 410Customer Orders 60 50 80 20 60 60 0 0 0Projected On-Hand Inventory 600MPS ReleasedMPS DueAvailable-to-promise (ATP) Scheduled production whenever projected on-had inventory drops below 30MPS lot size: 300Production lead time or lead time for MPS releases 1Product X is made of 2 units of Y and 3 of Z. Y is made of 1 unit of A and 2 units of B. Z is made of 2 units of A and 4 units of C. Lead Time of X is 1 week: Y - 2 weeks; Z – 3 weeks; A – 2 weeks; B – 1 week; and C – 3 weeks. Scheduled receipt on week 5 are: A = 250 and Z = 135. If 150 units of X are needed in week 10 & 100 units in week 12, develop a planning schedule showing when each item should be ordered and in what quantity. Use lot for lot except for Y & C which requires minimum of 400 units. Determine the timing of planned release of component Z for the order of 150 units.Product X is made of 2 units of Y and 3 of Z. Y is made of 1 unit of A and 2 units of B. Z is made of 2 units of A and 4 units of C. Lead Time of X is 1 week: Y - 2 weeks; Z – 3 weeks; A – 2 weeks; B – 1 week; and C – 3 weeks. Scheduled receipt on week 5 are: A = 250 and Z = 135. If 150 units of X are needed in week 10 & 100 units in week 12, develop a planning schedule showing when each item should be ordered and in what quantity. Use lot for lot except for Y & C which requires minimum of 400 units. Determine the total gross requirement of “A”
- 2. RoadHog Inc. is a small manufacturer of motorcycle accessories. It makes muffler with fins on a linethat is also used to make a variety of other products. Because it is costly to set up the line to produce themin batches, RoadHog has an incentive them in batches. However, while customer demand is known over a6-planning horizon, it is not necessarily constant from week to week. The unit cost, fixed setup cost andmonthly holding cost are given in the table.Data for the RoadHog Dynamic Lot SizingWeek 1 2 3 4 5 6Demand 30 50 60 25 20 40Setup Cost 150 150 150 150 150 150Holding cost 3 3 3 3 3 3a. Find the production plan and the total cost for lot for lot scheduling.b. Find the production plan and the total cost for lot for the fixed order quantity (FOQ = 100)scheduling.c. Find the production plan and the total cost for the fixed order period scheduling (Use FOP = 3weeks).d. Which strategy is the best?. Briefly define or explain each of these terms:a. Master scheduleb. Bill of materialsc. Inventory recordsd. Gross requirementse. Net requirementsf. Time-phased planhelp me teacher please a) (10 pts) BBOT UTE Company produces a product “A”. Below you can find the BOM (with number of units per parent given in the parenthesis next to the subcomponent code), lead times, demand for Product-A, beginning inventory and scheduled receipts for “A” and all sub components. Determine the planned order release for A, B and C. Assume a lot for lot scheduling rule. FİLL IN THE CS Q1.Table1 COMPLETELY for A, B and C. b) (10 pts) The time-phased net requirements for a product ‘D’ over the next weeks are: The setup cost for the product is 500TL, and the holding cost is 0.10TL per unit per week. Determine the lot sizes using the Wagner Whitin approach. Assume holding cost occurs only if the inventory is held for the complete month. Show all computations. WRITE THE RESULTING SCHEDULE AND TOTAL COST IN A TABLE LIKE BELOW. c) (10 pts) The time-phased net requirements for a product ‘E’ over the next weeks and the shop floor capacity are given below. The setup cost is…
- Assume that you are the manager of Assembly, Inc. You have just received an order for 40 units ofan industrial robot, which is to be delivered at the start of week 7 of your schedule. Using the following information, determine how many units of subassembly G to order and the timing of thoseorders, given that subassembly G must be ordered in multiples of 80 units and all other componentsare ordered lot-for-lot. Assume that the components are used only for this particular robot.Item Lead Time (weeks) On Hand ComponentsRobot 2 10 B, G, C(3)B 1 5 E, FC 1 20 G(2), HE 2 4 —F 3 8 —G 2 15 —H 1 10 —Planning orders using a lot-for-lot (L4L) technique is commonly done because it is simpleand intuitive. It also helps to minimize holding costs as you are only ordering what isneeded when it is needed. So far it sounds like a good idea. Are there any disadvantagesto this approach?14 Uncommitted inventory that is physically on-hand is called ______. a ready-to-buy b ready-to-sell c made-to-stock d available-to-promise 15 Which system calculates materials, subassemblies, and components required for end item production? a production planner b master production schedule c capacity requirements planning d materials requirements planning 16 What is the process that identifies which parent item has generated requirements for a component called? a where-used analysis b splitting c pegging d netting